The result was a surge of inflation which took so long to squeeze out, even partially, that policy could not be loosened again until the economy was well past its peak.
People want to travel direct to their long-haul destinations, not squeeze into huge planes before changing later to smaller ones at crowded hub airports in order to reach their final destination.
It is a horrific statistic that hints at - among many factors - the widening wealth gap in a country where the poor are so often obliged to squeeze into speeding and over-crowded minibuses for long commutes.
Some called it a short squeeze, others believed investors had already fully priced the long-anticipated and well-known lock-up expiration into the stock.